Amcor Plc Stock Probability Of Bankruptcy

AMCR Stock

USD 9.40 0.04 0.42%

Amcor PLC's odds of distress is under 6% at this time. It has tiny probability of undergoing some form of financial crunch in the near future. Amcor PLC's Probability of distress is determined by interpolating and adjusting Amcor Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Amcor balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Amcor PLC Piotroski F Score and Amcor PLC Altman Z Score analysis.

To learn how to invest in Amcor Stock, please use our How to Invest in Amcor PLC guide.

Amcor PLC Company probability of distress Analysis

Amcor PLC's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Amcor PLC Probability Of Bankruptcy

Less than 6%

Most of Amcor PLC's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Amcor PLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Our calculation of Amcor PLC probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Amcor PLC odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Amcor PLC financial health.

Is Metal, Glass & Plastic Containers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Amcor PLC. If investors know Amcor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Amcor PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.257

Dividend Share

0.503

Earnings Share

0.53

Revenue Per Share

9.415

Quarterly Revenue Growth

(0.03)

The market value of Amcor PLC is measured differently than its book value, which is the value of Amcor that is recorded on the company's balance sheet. Investors also form their own opinion of Amcor PLC's value that differs from its market value or its book value, called intrinsic value, which is Amcor PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Amcor PLC's market value can be influenced by many factors that don't directly affect Amcor PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Amcor PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amcor PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amcor PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Amcor Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Amcor PLC is extremely important. It helps to project a fair market value of Amcor Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Amcor PLC's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Amcor PLC's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Amcor PLC's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Accounts Payable	Short Term Investments	Intangible Assets	Net Tangible Assets	Long Term Debt	Long Term Debt Total	Deferred Long Term Liab	Short Long Term Debt	Treasury Stock	Property Plant Equipment	Net Invested Capital	Net Working Capital	Capital Surpluse	Capital Stock
Total Assets		0.87	0.79	0.42	0.92	0.84	0.85	0.97	-0.33	-0.38	0.76	0.7	0.73	0.87	-0.02	0.81	0.82	0.77	-0.23	0.31	0.8	0.66	0.31	0.79	-0.33
Total Stockholder Equity	0.87		0.67	0.32	0.73	0.79	0.71	0.75	-0.49	-0.36	0.83	0.29	0.49	0.89	0.03	0.73	0.72	0.8	-0.45	0.04	0.78	0.71	0.42	0.85	-0.33
Net Debt	0.79	0.67		0.49	0.72	0.95	0.98	0.77	-0.41	-0.54	0.4	0.59	0.8	0.73	0.34	0.88	0.86	0.88	-0.16	0.6	0.86	0.75	0.53	0.83	-0.73
Retained Earnings	0.42	0.32	0.49		0.48	0.43	0.51	0.48	-0.23	-0.04	0.0	0.34	0.46	0.15	0.7	0.4	0.43	0.35	-0.33	0.27	0.35	0.16	0.01	0.26	-0.65
Net Receivables	0.92	0.73	0.72	0.48		0.69	0.82	0.96	-0.11	-0.07	0.63	0.81	0.87	0.64	0.01	0.61	0.61	0.56	-0.19	0.24	0.57	0.46	0.21	0.57	-0.25
Good Will	0.84	0.79	0.95	0.43	0.69		0.95	0.77	-0.56	-0.68	0.56	0.48	0.69	0.87	0.26	0.95	0.92	0.97	-0.27	0.5	0.94	0.8	0.5	0.95	-0.7
Total Liab	0.85	0.71	0.98	0.51	0.82	0.95		0.85	-0.37	-0.47	0.5	0.67	0.86	0.74	0.26	0.86	0.83	0.85	-0.19	0.53	0.82	0.68	0.43	0.81	-0.66
Total Current Assets	0.97	0.75	0.77	0.48	0.96	0.77	0.85		-0.22	-0.27	0.68	0.83	0.81	0.75	-0.03	0.73	0.73	0.66	-0.18	0.32	0.67	0.54	0.23	0.67	-0.3
Short Term Debt	-0.33	-0.49	-0.41	-0.23	-0.11	-0.56	-0.37	-0.22		0.6	-0.26	0.22	0.03	-0.51	-0.37	-0.68	-0.67	-0.69	0.77	0.06	-0.62	-0.5	-0.43	-0.62	0.62
Common Stock	-0.38	-0.36	-0.54	-0.04	-0.07	-0.68	-0.47	-0.27	0.6		-0.26	-0.1	-0.08	-0.69	-0.16	-0.78	-0.76	-0.77	0.06	-0.53	-0.77	-0.64	-0.39	-0.76	0.53
Current Deferred Revenue	0.76	0.83	0.4	0.0	0.63	0.56	0.5	0.68	-0.26	-0.26		0.34	0.36	0.8	-0.38	0.52	0.47	0.55	-0.21	-0.02	0.51	0.46	0.12	0.64	0.12
Accounts Payable	0.7	0.29	0.59	0.34	0.81	0.48	0.67	0.83	0.22	-0.1	0.34		0.81	0.4	-0.15	0.44	0.45	0.3	0.26	0.5	0.35	0.24	0.01	0.3	-0.1
Short Term Investments	0.73	0.49	0.8	0.46	0.87	0.69	0.86	0.81	0.03	-0.08	0.36	0.81		0.47	0.13	0.52	0.51	0.51	0.01	0.41	0.51	0.43	0.26	0.5	-0.38
Intangible Assets	0.87	0.89	0.73	0.15	0.64	0.87	0.74	0.75	-0.51	-0.69	0.8	0.4	0.47		-0.07	0.87	0.85	0.89	-0.22	0.31	0.9	0.81	0.45	0.95	-0.34
Net Tangible Assets	-0.02	0.03	0.34	0.7	0.01	0.26	0.26	-0.03	-0.37	-0.16	-0.38	-0.15	0.13	-0.07		0.27	0.3	0.27	-0.36	0.27	0.27	0.11	0.14	0.15	-0.79
Long Term Debt	0.81	0.73	0.88	0.4	0.61	0.95	0.86	0.73	-0.68	-0.78	0.52	0.44	0.52	0.87	0.27		0.99	0.96	-0.32	0.5	0.95	0.76	0.45	0.92	-0.69
Long Term Debt Total	0.82	0.72	0.86	0.43	0.61	0.92	0.83	0.73	-0.67	-0.76	0.47	0.45	0.51	0.85	0.3	0.99		0.93	-0.32	0.49	0.96	0.76	0.46	0.9	-0.69
Deferred Long Term Liab	0.77	0.8	0.88	0.35	0.56	0.97	0.85	0.66	-0.69	-0.77	0.55	0.3	0.51	0.89	0.27	0.96	0.93		-0.36	0.41	0.97	0.85	0.57	0.98	-0.71
Short Long Term Debt	-0.23	-0.45	-0.16	-0.33	-0.19	-0.27	-0.19	-0.18	0.77	0.06	-0.21	0.26	0.01	-0.22	-0.36	-0.32	-0.32	-0.36		0.52	-0.27	-0.2	-0.25	-0.3	0.4
Treasury Stock	0.31	0.04	0.6	0.27	0.24	0.5	0.53	0.32	0.06	-0.53	-0.02	0.5	0.41	0.31	0.27	0.5	0.49	0.41	0.52		0.46	0.38	0.2	0.38	-0.45
Property Plant Equipment	0.8	0.78	0.86	0.35	0.57	0.94	0.82	0.67	-0.62	-0.77	0.51	0.35	0.51	0.9	0.27	0.95	0.96	0.97	-0.27	0.46		0.87	0.58	0.96	-0.66
Net Invested Capital	0.66	0.71	0.75	0.16	0.46	0.8	0.68	0.54	-0.5	-0.64	0.46	0.24	0.43	0.81	0.11	0.76	0.76	0.85	-0.2	0.38	0.87		0.87	0.86	-0.49
Net Working Capital	0.31	0.42	0.53	0.01	0.21	0.5	0.43	0.23	-0.43	-0.39	0.12	0.01	0.26	0.45	0.14	0.45	0.46	0.57	-0.25	0.2	0.58	0.87		0.57	-0.42
Capital Surpluse	0.79	0.85	0.83	0.26	0.57	0.95	0.81	0.67	-0.62	-0.76	0.64	0.3	0.5	0.95	0.15	0.92	0.9	0.98	-0.3	0.38	0.96	0.86	0.57		-0.58
Capital Stock	-0.33	-0.33	-0.73	-0.65	-0.25	-0.7	-0.66	-0.3	0.62	0.53	0.12	-0.1	-0.38	-0.34	-0.79	-0.69	-0.69	-0.71	0.4	-0.45	-0.66	-0.49	-0.42	-0.58

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The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.

Competition

Predict Amcor PLC

Based on the latest financial disclosure, Amcor PLC has a Probability Of Bankruptcy of 6.0%. This is 85.5% lower than that of the Containers & Packaging sector and 88.73% lower than that of the Materials industry. The probability of bankruptcy for all United States stocks is 84.94% higher than that of the company.

Amcor Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Amcor PLC's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Amcor PLC could also be used in its relative valuation, which is a method of valuing Amcor PLC by comparing valuation metrics of similar companies.

Amcor PLC is currently under evaluation in probability of bankruptcy category among its peers.

Amcor PLC Main Bankruptcy Drivers

	2019	2020	2021	2022	2023	2024 (projected)
Return On Assets	0.0372	0.0546	0.0462	0.0616	0.0442	0.0358
Asset Turnover	0.55	0.76	0.75	0.83	0.86	1.07
Net Debt	6.0B	5.4B	6.2B	6.1B	6.6B	6.9B
Total Current Liabilities	4.0B	4.3B	5.1B	4.5B	4.3B	2.8B
Non Current Liabilities Total	7.8B	8.0B	8.2B	8.4B	8.3B	8.7B
Total Assets	16.4B	17.2B	17.4B	17.0B	16.5B	8.9B
Total Current Assets	4.5B	5.3B	5.9B	5.3B	5.0B	3.0B
Total Cash From Operating Activities	1.4B	1.5B	1.5B	1.3B	1.3B	1.4B

Amcor PLC ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Amcor PLC's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Amcor PLC's managers, analysts, and investors.

Environmental

Governance

Social

Amcor Fundamentals

	Return On Equity	0.2
	Return On Asset	0.0495
	Profit Margin	0.06 %
	Operating Margin	0.11 %
	Current Valuation	20.94 B
	Shares Outstanding	1.45 B
	Shares Owned By Insiders	0.34 %
	Shares Owned By Institutions	54.39 %
	Number Of Shares Shorted	44.92 M
	Price To Earning	19.95 X
	Price To Book	3.47 X
	Price To Sales	1.00 X
	Revenue	13.64 B
	Gross Profit	2.73 B
	EBITDA	1.84 B
	Net Income	730 M
	Cash And Equivalents	775 M
	Cash Per Share	0.52 X
	Total Debt	7.19 B
	Debt To Equity	1.73 %
	Current Ratio	1.15 X
	Book Value Per Share	2.71 X
	Cash Flow From Operations	1.32 B
	Short Ratio	3.03 X
	Earnings Per Share	0.53 X
	Price To Earnings To Growth	1.81 X
	Target Price	11.0
	Number Of Employees	41 K
	Beta	0.86
	Market Capitalization	13.59 B
	Total Asset	16.52 B
	Retained Earnings	879 M
	Working Capital	704 M
	Current Asset	5.54 B
	Current Liabilities	5.43 B
	Annual Yield	0.05 %
	Net Asset	16.52 B
	Last Dividend Paid	0.5

About Amcor PLC Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Amcor PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amcor PLC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amcor PLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Amcor PLC

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amcor PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amcor PLC will appreciate offsetting losses from the drop in the long position's value.

Moving together with Amcor Stock

0.65	OI	O I Glass	Pair Corr
0.92	AVY	Avery Dennison Corp	Pair Corr
0.79	CCK	Crown Holdings	Pair Corr

Moving against Amcor Stock

0.85	VSTO	Vista Outdoor	Pair Corr
0.75	DRVN	Driven Brands Holdings	Pair Corr
0.74	IP	International Paper	Pair Corr
0.73	KRT	Karat Packaging	Pair Corr
0.69	SW	Smurfit WestRock plc	Pair Corr

The ability to find closely correlated positions to Amcor PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amcor PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amcor PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amcor PLC to buy it.

The correlation of Amcor PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amcor PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amcor PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Amcor PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Amcor Stock Analysis

When running Amcor PLC's price analysis, check to measure Amcor PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Amcor PLC is operating at the current time. Most of Amcor PLC's value examination focuses on studying past and present price action to predict the probability of Amcor PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amcor PLC's price. Additionally, you may evaluate how the addition of Amcor PLC to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Amcor Plc Stock Probability Of Bankruptcy

Amcor PLC Company probability of distress Analysis

Probability Of Bankruptcy

Normalized

Z-Score

Current Amcor PLC Probability Of Bankruptcy

Amcor Probability Of Bankruptcy Driver Correlations

Amcor Probability Of Bankruptcy Peer Comparison

Amcor PLC Main Bankruptcy Drivers

Amcor PLC ESG Sustainability

Amcor Fundamentals

About Amcor PLC Fundamental Analysis

Pair Trading with Amcor PLC

Moving together with Amcor Stock

Moving against Amcor Stock

Additional Tools for Amcor Stock Analysis

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